Six weeks after Huawei was blacklisted by the US government, President Donald Trump had what the Chinese telecom firm described as a “U-turn.”
Trump said Saturday that “US companies can sell their equipment to Huawei,” allowing the transactions won’t present a “great, national emergency problem.”
Trump’s comments at the G20 in Japan came after a widely anticipated meeting with Chinese President Xi Jinping. The two sides met to discuss the impasse in the trade dispute, and Huawei, one of the largest smartphone manufacturers in the world, has become a flash point in the battle.
In May, the US Commerce Department banned sales of American-made goods to Huawei without first obtaining a license. US officials have accused the company of working to undermine US national security and foreign policy interests.